NOT LISTED FOR SALE

111 E James St Ely, MN 55731

Estimated Value: $117,000 - $191,000

2 Beds
2.5 Baths
1,654 Sq Ft
$96/Sq Ft Est. Value

Last Sold July 18, 2013

Last sale price $35,000 $21 Per Sq Ft

Est. 355% increase in value since last sale

Current estimated payment $908/month

93 Days on Market

About This Home

As of July 2013

Cute 2bd/3bth bungalow with finished expansion attic w/bath, 1 bd on main level with bath, and a bath in the partially finished basement! Lots of tongue & groove, lots of built in storage, front deck, partially fenced, and lots of wood flooring. Don't miss out on this one! Fannie Mae property! Purchase this property for as little as 3% down. This property is approved for HomePath Renovation Mortgage Financing. For more information about HomePath financing and incentives, please visit www.homepath.com.

Last Agent to Sell the Property

Michelle Lyons

Port Cities Realty, LLC Listed on: 04/03/2013

Last Buyer's Agent

Nonmember NONMEMBER

Nonmember Office

Home Details

Home Type

  • Single Family

Year Built

  • 1935

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50 x 125

Parking

  • 2 Car Detached Garage

Home Design

  • Frame Construction
  • Metal Siding

Bedrooms and Bathrooms

  • 2 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Utilities

  • Boiler Heating System
  • Heating System Uses Oil

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 030-0050-02300

Home Details

Home Type

Single Family

Year Built

1935

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: SF Single Family
  • Estimated Number of Acres: 0.15
  • Construction: Previously Owned
  • Foreclosure: Yes
  • Foundation Size: 936
  • Parcel Number: 030-0050-02300
  • Stories: 1.25 - 1.75 Story
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1935

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 3
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1404
  • Below Grade Finished Sq Ft: 250
  • Total Fin Square Footage: 1654
  • Total Square Footage: 2340

Exterior Features

  • Construction Type: Frame/Wood
  • Exterior: Metal

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Fuel: Oil
  • Heat: Boiler
  • Sewer: City
  • Water: City

Lot Info

  • Estimated Lot Dimensions: 50 x 125

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2013
Closed on
Aug 30, 2013
Sold by
Loe Michael T
Bought by
Stern Caitlin Q
Seller's Agent
Michelle Lyons
Port Cities Realty, LLC
Buyer's Agent
Nonmember NONMEMBER
Nonmember Office
List Price
$51,500
Sold Price
$35,000
Premium/Discount to List
-$16,500
-32.04%
Current Estimated Value
$159,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,280
Avg. Annual Appreciation
12.94%
Original Mortgage
$56,000
Outstanding Balance
$31,597
Interest Rate
7%
Mortgage Type
Seller Take Back
Estimated Equity
$127,683

Purchase Details

Listed on
Apr 3, 2013
Closed on
Jul 18, 2013
Sold by
Federal National Mortgage Association
Bought by
Loe Michael T
Seller's Agent
Michelle Lyons
Port Cities Realty, LLC
Buyer's Agent
Nonmember NONMEMBER
Nonmember Office
List Price
$51,500
Sold Price
$35,000
Premium/Discount to List
-$16,500
-32.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Outstanding Balance
$31,597
Interest Rate
7%
Mortgage Type
Seller Take Back
Estimated Equity
$127,683

Purchase Details

Closed on
Sep 19, 2012
Sold by
Jpmorgan Chase Bank National Association
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 12, 2012
Sold by
Doney Michelle M and Doney Gary K
Bought by
Jpmorgan Chase Bank National Association
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Stern Caitlin Q $58,000 Ne Title
Loe Michael T -- Ne Title
Federal National Mortgage Association -- None Available
Jpmorgan Chase Bank National Association $72,467 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stern Caitlin Q $56,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2013 07/18/13 Sold $35,000 -32.0% $21 / Sq Ft
07/05/2013 07/05/13 Pending -- -- --
04/03/2013 04/03/13 For Sale $51,500 -- $31 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $846 $111,300 $9,000 $102,300
2023 $846 $105,500 $8,700 $96,800
2022 $762 $96,700 $8,300 $88,400
2021 $728 $81,200 $7,500 $73,700
2020 $630 $72,800 $7,500 $65,300
2019 $588 $72,800 $7,500 $65,300
2018 $554 $71,600 $7,500 $64,100
2017 $574 $69,100 $7,400 $61,700
2016 $596 $66,700 $6,800 $59,900
2015 $564 $41,500 $4,500 $37,000
2014 $564 $41,500 $4,500 $37,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4458868

REALTOR® Association of Southern Minnesota

APN: 030005002300